Luxury Salon-Turnkey Opportunity, Strong Reputation

Cambridge, Massachusetts, US, ID 284324

Luxury Salon-Turnkey Opportunity, Strong Reputation 1
Luxury Salon-Turnkey Opportunity, Strong Reputation 1
Asking price:
On request
Owner
Private Person

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Description

Upscale hair salon for sale in Cambridge, Massachusetts. The business has operated for approximately 11 years and is located in a busy neighborhood between MIT and Harvard University.

Salon layout

  • Four styling stations
  • Two shampoo bowls
  • Dedicated color mixing room
  • Modern waiting area
  • Retail product display area
  • Small foyer entrance
  • Bathroom with in-unit laundry
  • Access to a shared outdoor patio

Furniture, fixtures and the existing salon buildout are included in the sale, subject to confirmation of the final asset list.

Operations

The salon is currently operating and profitable, according to the seller. One part-time employee is in place, making the current setup particularly suited to an active stylist or owner-operator.

The business serves a mix of local residents, university-affiliated customers and professionals from the surrounding Cambridge market.

Location

The salon is positioned in an affluent, high-traffic area near MIT and Harvard, with nearby retail, cafés and other neighborhood businesses.

Buyers should review actual pedestrian traffic, customer origin and lease terms independently when evaluating the location.

Growth

  • Add additional stylists
  • Increase chair utilization
  • Expand retail product sales
  • Add skincare or wellness services where permitted
  • Increase social media and local marketing
  • Introduce additional premium beauty treatments

Due diligence

Buyers should verify historical revenue and profitability, client retention, employee compensation, lease terms, equipment and fixture ownership, retail inventory, prepaid services, online account ownership and the exact assets included in the sale before closing.

Any expansion into esthetics, skincare or other regulated beauty services should also be reviewed for applicable Massachusetts professional licensing and facility requirements.

Details

Real Estate: Real Estate Included
Employees (ppl): 1
Reason for selling: Retirement
Support from seller: Consultancy available
Square m2: 335

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